Short answer
Canyon Capital Advisors filed an 8-K current report with the SEC on February 24, 2026 reporting Item 5.02 (Departure/Election of Directors or Officers). Board expanded from 11 to 13 directors; Daniel S. Glaser and Michelle R. Seitz elected as independent directors effective Feb 24, 2026.
Canyon Capital Advisors 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- Board expanded from 11 to 13 directors; Daniel S. Glaser and Michelle R. Seitz elected as independent directors effective Feb 24, 2026
- Glaser appointed to Audit, Compensation, and Finance & Risk Committees; Seitz to Compensation, Governance & Corporate Responsibility, and Investment Committees
- Standard non-management director retainer: $355,000/year ($205K in stock, $150K in cash), pro-rated for partial-year service
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